Should boards say goodbye to "golden hellos"?

11/19/2013 | Bloomberg

A growing number of companies are attracting top executives by offering incoming CEOs "golden hellos" -- but experts warn that upfront payments seldom represent good value for investors. Some say that the mere request for millions of dollars in incentives and signing bonuses should count as a big red flag against potential CEOs. "The incentive should be they will come to the company and perform and be rewarded," says Arby's Chairman Jon Luther.

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